no mortgage fees or mortgage release fees when loan amounts do not exceed USD 120,000,

pre-approved Solar Heater Loan.

Example

For a 36-year-old individual financing the acquisition of a USD 190,000 primary residence with a USD 57,000 down payment (30% of 190,000), the Loan* is reimbursed over a 15-year period through equal monthly installments of USD 1,076 at an Annual Percentage Rate (APR) of 7.51% (including interest, life and fire insurance premiums, expert and notary fees, registration, mortgage fees and mortgage release fees), the latter being variable and reviewable.
Conditions apply as at 30/07/2015 and are subject to variation.

*Subject to pre-study and acceptance of the application

Applicant's eligibility criteria

nationality: Lebanese,

age: 21 - 64 (at loan submission),

occupation: the applicant should be:

an employee with a steady job and income for more than 18 months,

a self-employed with a minimum 3-year work experience in the same field.

minimum required monthly income: USD 2,000,

monthly payments: maximum 33% of the monthly income for employees and self-employed.

Every credit facility is an engagement and must be reimbursed. Check your repayment capacities before you apply.

To submit your loan application, learn more about our loan eligibility requirements and requested documents, visit the nearest BLF branch where our customer advisors will be pleased to share with you a customized simulation, including your Annual Percentage Rate - APR based on your profile and selected financing terms.

For any additional information, please contact your nearest BLF branch or our Call Center on 1272 or send us an email on [email protected]